The Chinese yuan has passed the euro to become the second most important currency in Brazilian foreign reserves, according to a central bank report on Friday, reflecting the deepening economic ties with Brazil’s biggest trading partner.
Economics
ING – German Recession: German unemployment at highest level in more than 10 years
The number of unemployed people has increased above the three-million mark for the first time since 2015, providing further evidence that a long period of economic stagnation eventually takes a toll on the labour market […]
Geopolitics
Paul R. Pillar: US strikes on Yemen won’t solve anything
The Houthis have withstood similar onslaughts and the attack only adds fuel to the widening of Israel’s war on Gaza Read HERE
Economics
Quartz: China keeps using the wrong tools to fix its economic problems
Chinese economists and officials are sounding alarm bells over the state of the country’s stalling economy. Read Here
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